Jesse's Café Américain

"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11

Showing posts with label high frequency trading. Show all posts
Showing posts with label high frequency trading. Show all posts
06 May 2010

PLUNGE! 1987 Style Sudden Drop in US Stocks Driven by Program Trading and a Ponzi Market Structure

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“Lasciate ogni speranza, voi ch'entrate." Dante Alighieri, The Inferno, Canto III, 9 US equities were gripped by panic selling as t...
30 December 2009

Ghosts of 1987

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I am a 'fan' of very few people in the money business. One of my favorite pundits is a frequent guest on Bloomberg Television, which...
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